LayerZero CEO Credits Anti-Bot Measures for Mitigating ZRO Token Price Decline

Quick Summary:

LayerZero Labs CEO, Bryan Pellegrino, has attributed the relatively stable performance of the project’s native ZRO token to the implementation of effective anti-bot measures, as reported by Cointelegraph.

The stark difference in performance between LayerZero’s ZRO token and those of Starknet and ZKsync highlights the importance of effective bot mitigation and user engagement strategies in the success of token launches.

Since its launch on June 20, the ZRO token has seen a price decline of only 23%, a significantly better performance compared to similar tokens from ZKsync and Starknet.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Latest News LayerZero

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 08:37:17 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 723 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22421903

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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